According to the U.S. Bureau of Labor Statistics, prices for food and beverages are 879.78% higher in 2026 versus 1967 (a $13,362,248,017.77 difference in value).
Between 1967 and 2026:Food and beverages experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, food and beverages costing $1,518,815,515 in the year 1967 would cost $14,881,063,532.77 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation for food and beverages was higher.
Below are calculations of equivalent buying power for Food and beverages, over time, for $1,518,815,515 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1967 | $1,518,815,515.00 | - |
| 1968 | $1,574,170,153.83 | 3.64% |
| 1969 | $1,652,317,879.23 | 4.96% |
| 1970 | $1,742,404,840.46 | 5.45% |
| 1971 | $1,795,950,504.16 | 3.07% |
| 1972 | $1,870,118,484.29 | 4.13% |
| 1973 | $2,118,671,666.47 | 13.29% |
| 1974 | $2,410,278,456.63 | 13.76% |
| 1975 | $2,613,607,260.69 | 8.44% |
| 1976 | $2,694,287,551.26 | 3.09% |
| 1977 | $2,854,924,542.37 | 5.96% |
| 1978 | $3,133,868,506.65 | 9.77% |
| 1979 | $3,469,614,289.86 | 10.71% |
| 1980 | $3,766,648,005.40 | 8.56% |
| 1981 | $4,059,340,180.63 | 7.77% |
| 1982 | $4,224,680,507.06 | 4.07% |
| 1983 | $4,318,747,213.57 | 2.23% |
| 1984 | $4,481,193,179.80 | 3.76% |
| 1985 | $4,585,751,942.03 | 2.33% |
| 1986 | $4,735,173,287.36 | 3.26% |
| 1987 | $4,928,010,035.69 | 4.07% |
| 1988 | $5,131,338,839.74 | 4.13% |
| 1989 | $5,422,222,039.85 | 5.67% |
| 1990 | $5,734,451,146.44 | 5.76% |
| 1991 | $5,938,865,335.57 | 3.56% |
| 1992 | $6,020,992,806.25 | 1.38% |
| 1993 | $6,146,897,474.95 | 2.09% |
| 1994 | $6,289,806,509.83 | 2.32% |
| 1995 | $6,463,106,326.81 | 2.76% |
| 1996 | $6,673,309,236.34 | 3.25% |
| 1997 | $6,848,418,028.45 | 2.62% |
| 1998 | $6,993,859,628.51 | 2.12% |
| 1999 | $7,144,366,358.91 | 2.15% |
| 2000 | $7,309,344,890.32 | 2.31% |
| 2001 | $7,535,466,780.95 | 3.09% |
| 2002 | $7,674,034,275.53 | 1.84% |
| 2003 | $7,838,289,216.88 | 2.14% |
| 2004 | $8,102,761,380.17 | 3.37% |
| 2005 | $8,299,577,873.77 | 2.43% |
| 2006 | $8,494,223,597.23 | 2.35% |
| 2007 | $8,826,333,340.44 | 3.91% |
| 2008 | $9,300,675,561.83 | 5.37% |
| 2009 | $9,475,379,143.51 | 1.88% |
| 2010 | $9,550,694,013.87 | 0.79% |
| 2011 | $9,892,890,602.37 | 3.58% |
| 2012 | $10,144,869,983.44 | 2.55% |
| 2013 | $10,287,963,533.79 | 1.41% |
| 2014 | $10,525,999,334.59 | 2.31% |
| 2015 | $10,715,109,594.17 | 1.80% |
| 2016 | $10,751,940,327.71 | 0.34% |
| 2017 | $10,846,781,275.57 | 0.88% |
| 2018 | $10,999,136,778.55 | 1.40% |
| 2019 | $11,201,738,374.61 | 1.84% |
| 2020 | $11,575,617,353.46 | 3.34% |
| 2021 | $12,017,969,658.74 | 3.82% |
| 2022 | $13,168,713,005.04 | 9.58% |
| 2023 | $13,914,108,441.22 | 5.66% |
| 2024 | $14,225,458,385.90 | 2.24% |
| 2025 | $14,624,623,219.04 | 2.81% |
| 2026 | $14,881,063,532.77 | 1.75%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Food and beverages:
| Year | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| CPI | 34.983 | 36.258 | 38.058 | 40.133 | 41.367 | 43.075 | 48.800 | 55.517 | 60.200 | 62.058 | 65.758 | 72.183 | 79.917 | 86.758 | 93.500 | 97.308 | 99.475 | 103.217 | 105.625 | 109.067 | 113.508 | 118.192 | 124.892 | 132.083 | 136.792 | 138.683 | 141.583 | 144.875 | 148.867 | 153.708 | 157.742 | 161.092 | 164.558 | 168.358 | 173.567 | 176.758 | 180.542 | 186.633 | 191.167 | 195.650 | 203.300 | 214.225 | 218.249 | 219.984 | 227.866 | 233.670 | 236.966 | 242.448 | 246.804 | 247.653 | 249.837 | 253.346 | 258.013 | 266.625 | 276.814 | 303.319 | 320.488 | 327.659 | 336.853 | 342.760 |